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Abu Dhabi / WAM
The value of the UAE’s non-oil trade reached AED658.3 billion in the first half of 2020, accounting for 41 percent of the total value of the country’s trade in 2019, according to figures released by the Federal Competitiveness and Statistics Centre (FCSC) on Saturday.
This signals the continued activity of the economic sectors despite the slowdown in economic and commercial activities during the past months worldwide, as a result of temporary closures due to Covid-19, said the FCSC.
According to figures, imports stood at AED378.8 billion in H1 of 2020 against AED116.7 billion for exports and AED 162.7 billion for re-exports.
The value of the trade with five major trading partners, China, Saudi Arabia, India, United States and Switzerland reached AED244 billion, constituting 37.1 percent of the UAE’s total trade in the reference period.